The group has acquired suit company Berwin & Berwin out of administration, adding more premium fashion brands to its growing portfolio as it continues to build the retail mix for its Days department store chain.

First it was Shop Direct calling off its mega-billions sale and now Kaupthing is believed to have ended the bidding process for its trio of key (but far less valuable) UK fashion brands, Oasis, Coast and Warehouse.

The bidders for Oasis, Coast and Warehouse are reported to include Philip Day, Foschini, Alteri and Truwowrths, but they are believed to have offered less than half the £100m the trio's owners had wanted.

Retail entrepreneur Philip Day has confirmed he is the mystery buyer of Jaeger. The billionaire Edinburgh Woollen Mill owner revealed the news as he opened the first of what will be a new chain of UK department stores.

UK consumers are moving their fashion spend online and more of their total spend is leisure-focused with new figures from PwC and LDC showing fashion retail losing out last year as more stores than ever closed.

There is confusion surrounding Jaeger as the week starts with its owner selling the brand's debt and a pre-pack administration deal said to be imminent. That would guarantee its future but most stores could close.

It was a close call but Jones Bootmaker appears to have been saved with 72 of its stores and 840 jobs preserved, a strong result given that administration and a fire sale appeared to beckon just a couple of days ago.

...latest financial year, the period to February this year. The company, which owns a raft of major brands including Austin Reed, Peacocks, Jane Norman, and Jaeger, said comparable sales rose 2.7% during the year to ...

... included Edinburgh Woollen Mill’s Philip Day, that serial buyer of distressed brands down on their luck (such as Austin Reed and Jaeger), as well as the ex-owner of Brantano and Jones Bootmaker, Alteri Investors....

...r2017 - Womenswear - LondresBut the Mulberry location won’t be as big as Burberry. It will be in the large former Austin Reed building but the landlord, Hermes Investment Management, has split that space into three...

...Day shows an interest, we need to sit up and take notice. The Edinburgh Woollen Mill owner who now also owns Jaeger, Austin Reed, Peacocks, Jane Norman and others is reported to be interested in Coast, Oasis and Wa...

...finally confirmed that he is the mystery buyer who now owns Jaeger. The Dubai-based billionaire, who also owns the Austin Reed, Peacocks and Jane Norman brands through his Edinburgh Woollen Mill (EWM) operation, re...

...Capital failed to find a buyer. Its collapse follows a string of well-known UK retail failures, including BHS and Austin Reed, which have both gone into administration in the last 12 months.The retail sector is fac...

...others, the difference between closures and openings last year resulted in a net fall of 320 stores. That came as 120 Austin Reed locations were shuttered and 77 Store Twenty One units closed their doors for the la...

...still high that Edinburgh Woollen Mill will buy the brand itself in a pre-pack deal similar to the way it acquired the Austin Reed and CC brands last year.In fact, the three brands share similar characteristics wit...

...lossmaking locations in its 25-store portfolio.EWM is run by billionaire Philip Day and also bought classic fashion peer Austin Reed out of administration. It had long been rumoured to be most likely to win the rac...

... then quickly brought back. Alteri has had a tough time with its fashion-linked investment in recent periods, its Austin Reed ownership having also ended in administration.While Jones will be the only footwear firm...

... included Edinburgh Woollen Mill’s Philip Day, that serial buyer of distressed brands down on their luck (such as Austin Reed and Jaeger), as well as the ex-owner of Brantano and Jones Bootmaker, Alteri Investors....

...Day shows an interest, we need to sit up and take notice. The Edinburgh Woollen Mill owner who now also owns Jaeger, Austin Reed, Peacocks, Jane Norman and others is reported to be interested in Coast, Oasis and Wa...

...finally confirmed that he is the mystery buyer who now owns Jaeger. The Dubai-based billionaire, who also owns the Austin Reed, Peacocks and Jane Norman brands through his Edinburgh Woollen Mill (EWM) operation, re...

...others, the difference between closures and openings last year resulted in a net fall of 320 stores. That came as 120 Austin Reed locations were shuttered and 77 Store Twenty One units closed their doors for the la...

...still high that Edinburgh Woollen Mill will buy the brand itself in a pre-pack deal similar to the way it acquired the Austin Reed and CC brands last year.In fact, the three brands share similar characteristics wit...

...lossmaking locations in its 25-store portfolio.EWM is run by billionaire Philip Day and also bought classic fashion peer Austin Reed out of administration. It had long been rumoured to be most likely to win the rac...

...Philip day, it has deep pockets and is currently also frontrunner to acquire Jaeger, potentially adding to its earlier Austin reed, Peacocks and Jane Norman purchases.Alteri seems to be confident that it can sell b...

...billionaire Philip Day and in recent years has bought a raft of struggling or failed businesses, including Jaeger peer Austin Reed, and mass-market chains Peacocks and Jane Norman.Jaeger has spent many decades ric...

... included Edinburgh Woollen Mill’s Philip Day, that serial buyer of distressed brands down on their luck (such as Austin Reed and Jaeger), as well as the ex-owner of Brantano and Jones Bootmaker, Alteri Investors....

...Day shows an interest, we need to sit up and take notice. The Edinburgh Woollen Mill owner who now also owns Jaeger, Austin Reed, Peacocks, Jane Norman and others is reported to be interested in Coast, Oasis and Wa...

...finally confirmed that he is the mystery buyer who now owns Jaeger. The Dubai-based billionaire, who also owns the Austin Reed, Peacocks and Jane Norman brands through his Edinburgh Woollen Mill (EWM) operation, re...

...others, the difference between closures and openings last year resulted in a net fall of 320 stores. That came as 120 Austin Reed locations were shuttered and 77 Store Twenty One units closed their doors for the la...

...still high that Edinburgh Woollen Mill will buy the brand itself in a pre-pack deal similar to the way it acquired the Austin Reed and CC brands last year.In fact, the three brands share similar characteristics wit...

...lossmaking locations in its 25-store portfolio.EWM is run by billionaire Philip Day and also bought classic fashion peer Austin Reed out of administration. It had long been rumoured to be most likely to win the rac...

...billionaire Philip Day and in recent years has bought a raft of struggling or failed businesses, including Jaeger peer Austin Reed, and mass-market chains Peacocks and Jane Norman.Jaeger has spent many decades ric...